23 Hemlock AvenueEast WaterboroME04030
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 23 Hemlock Avenue, East Waterboro, ME, 04030 in East Waterboro. Rental yield 0%. At $425,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $117,420 in new equity by year five, complemented by $3,563/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.5% |
| Monthly Cash Flow | $0 | $850 |
City averages based on East Waterboro market data in our database. Property projections are estimates.
Single Family
Built in 1973
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04030, East Waterboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,276 (100%) |
| Owner Occupied HU | 777 (60.9%) |
| Renter Occupied HU | 113 ( 8.9%) |
| Vacant Housing Units | 386 (30.3%) |
| Median Home Value | $461,709 |
| Average Home Value | $555,798 |
Housing Distribution
Address Breakdown
Residential
824
Single Family
808
Multi-Family
16
Businesses
56
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: N/A • N/A
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1679367
